Bank of England raises interest rates to 3%, largest jump in 33 years Post author:MiamiCrypto Post published:November 3, 2022 Post category:Bank of England / inflation / interest rates / United Kingdom The Bank of England is trying to bring soaring inflation under control by dramatically increasing the cost of borrowing money. You Might Also Like UBS raises US recession odds to 60%, but what does this mean for crypto prices? August 30, 2022 Economic frailty could soon give Bitcoin a new role in global trade December 23, 2022 KPMG to audit new pound-backed stablecoin GBPT July 11, 2022